Unionized employees strike at Tasiast mine
May 05 2020 - 9:29AM
Following a strike notice filed by Tasiast staff delegates,
unionized employees at Kinross Gold Corporation’s (TSX:K; NYSE:KGC)
Tasiast mine today initiated a strike action. The Company disagrees
with the basis of the strike notice but remains open to discussions
with the staff delegates to resolve the situation.
Kinross has adhered to the collective labour
agreement finalized in November 2019 and all applicable labour
codes and is disappointed that Tasiast staff delegates have decided
to pursue this opportunistic course of action during the global
pandemic. The Company has rigorously complied with all government
mandates related to COVID-19 and has continued to prioritize the
health and well-being of its employees while safely operating the
mine and maintaining the significant benefits it provides to the
Mauritanian economy.
There have been four short labour actions at
Tasiast since Kinross acquired the mine, the last being in 2016.
The average length of these labour actions have been approximately
nine days, and none have had a material impact on the Company.
About Kinross Gold
Corporation
Kinross is a Canadian-based senior gold mining
company with mines and projects in the United States, Brazil,
Chile, Ghana, Mauritania, and Russia. Kinross maintains listings on
the Toronto Stock Exchange (symbol:K) and the New York Stock
Exchange (symbol:KGC).
Media Contact Louie DiazSenior
Director, Corporate Communicationsphone:
416-369-6469louie.diaz@kinross.com
Investor Relations ContactTom
ElliottSenior Vice-President, Investor Relations and Corporate
Developmentphone: 416-365-3390tom.elliott@kinross.com
Source: Kinross Gold Corporation
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